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Japanese Crude Oil & Condensate Imports 3Q15 (‘000 B/D)
...-Jul 2014 rank 2013 2012 2011 Middle East 2,829.30 246.6 29.1 2,...
Volume: 58Issue: 45Published at Fri, 06 Nov 2015 -
United States: Key Oil Figures (‘000 B/D)
...3Q14 2Q15 1Q15 4Q14 2014 2013 2012 CRUDE OIL IMPORTS 7,182 7,287 7,638 7,...
Volume: 58Issue: 45Published at Fri, 06 Nov 2015 -
Benchmark Crude Prices ($/B)
... 5-Nov 26-30 Oct 19-23 Oct 15-Oct 15-Sep Q3 2015 Q2 2015 YTD 2015 2014...
Volume: 58Issue: 45Published at Fri, 06 Nov 2015 -
Iraq Says OPEC ‘Price War’ Partly To Blame For Revenue Fall, $84Bn Deficit
...velopment Fund for Iraq (DFI), which is held in New York and contains receipts from oil exports, in order to finance what he says is runaway spending that is not matched by revenues. Speaking to a special session of the cabinet on 3 November to discuss the 2014 budget, which has yet to be submitted to pa...
Volume: 57Issue: 45Published at Fri, 07 Nov 2014 -
Saudi Arabia’s Major Gas Development Stalls
...arter, maintains a completion date of end 2014 for Wasit, which will be one of the biggest non-associated gas plants in the kingdom. Its integrated facilities will process 2.6bn cfd of non-associated gas from the offshore Arabiyah and Hasbah fields. Under normal conditions, it will provide 1.7bn cfd of sa...
Volume: 57Issue: 45Published at Fri, 07 Nov 2014 -
Egypt Plans Suez Refinery Asphalt, Diesel Expansion
...phalt – this is included in ‘other products’, for which first half 2014 production averaged 22,000 b/d and demand averaged 23,000 b/d. The Suez unit will be one of a number of new diesel sources. A key project is the Egyptian Refining Company (ERC) hydrocracker being built beside the 160,000 b/d st...
Volume: 57Issue: 45Published at Fri, 07 Nov 2014 -
Turkey Backs Gas, Renewables; May Take Nuclear ‘In-House’
...4Q15. The Turkish Wind Energy Association says installed wind capacity amounted to 3.58GW at the end of September 2014. This was 926MW or almost 35% higher than at the end of August 2013. Wind capacity now accounts for more than 5% of Turkey’s power capacity. The association predicts Turkey’s wi...
Volume: 57Issue: 45Published at Fri, 07 Nov 2014 -
OPEC Outages Calm Nerves Ahead Of Crucial Late-November Meeting
...udi Arabia to the Joint Data Initiative (JODI) database, it exported 1mn b/d of refined product in August. Figures for September and October are not yet available. OPEC Well-Head Production, October 2014 (Mn B/D, MEES Estimates) Oct ‘14 Se...
Volume: 57Issue: 45Published at Fri, 07 Nov 2014 -
Is $90/B The New $100/B For Saudi Arabia?
...ar. According to provisional estimates by MEES, imports of Saudi crude in the first 10 months of 2014 averaged 1.22mn b/d, down 60,000 b/d over the same period of 2013, while Saudi Arabia’s share of US imports has edged higher in recent years (see graph). The displacement of light sweet crude oil im...
Volume: 57Issue: 45Published at Fri, 07 Nov 2014 -
Jordan Looks To Slash Deficit In 2015 Budget
...2014, according to the draft budget which was approved by the cabinet at the end of October. Domestic revenue (other than grants) is projected to rise by 10% to JD6.28bn ($8.855bn). With inflation projected at 2.4% in the 2015 budget, spending is slated to rise by less than 1% in real te...
Volume: 57Issue: 45Published at Fri, 07 Nov 2014 -
Yemen Oil Take Slumps
...ee jailed prisoners. The value of oil exports in the first eight months of 2014 fell by 33% to $1.216bn from $1.811bn in the same period of 2013, the Central Bank of Yemen (CBY) said in its latest Monthly Statistical Bulletin. The CBY blames the fall in revenue on sabotage attacks on oil ex...
Volume: 57Issue: 45Published at Fri, 07 Nov 2014 -
Chinese Crude Imports January-September 2014 (‘000 B/D)
...Chinese Crude Imports January-September 2014 (‘000 B/D) Sep-14 Aug-14 Jul-14 3Q14 2Q14 1Q14 YTD14 % of...
Volume: 57Issue: 45Published at Fri, 07 Nov 2014 -
US Imports: Gulf Looks To Keep Share Of Shrinking Pie
...US Imports: Gulf Looks To Keep Share Of Shrinking Pie • US crude oil imports fell to 7.36mn b/d for the first eight months of 2014, 400,000 b/d down on the same period last year and 1.4mn b/d down on January-August 2012. 2014 imports are on track to be the lowest since 1995. • The vo...
Volume: 57Issue: 45Published at Fri, 07 Nov 2014 -
Benchmark Crude Prices ($/B)
...Benchmark Crude Prices ($/B) 6-Nov 27-31 Oct 20-24 Oct Oct-14 Sep-14 Q3 2014 Q2 2014 20...
Volume: 57Issue: 45Published at Fri, 07 Nov 2014 -
Baghdad Caught in North-South Pincer As Basra Oil Heartland Seeks Autonomy
...th Ankara for 10 bcm/year of gas from its Dohuk license in early 2014. Mr Shahristani, who is deputy PM for Energy, has warned that Baghdad would consider any unauthorized oil exports from the KRG as the smuggling of Iraqi oil and threatened to take action against Erbil and Ankara, though there ha...
Volume: 56Issue: 45Published at Fri, 08 Nov 2013 -
BP Inks Kirkuk Deal
...5,000 b/d. However, Lukoil’s West Qurna-2 field development, which had been due to start up in 2013, has been pushed back to early 2014 due partly to protests earlier this year by Basra tribes who had expected to see more benefit from the operations of the foreign oil majors....
Volume: 56Issue: 45Published at Fri, 08 Nov 2013 -
Egypt Touts Block Awards But IOC Debts Mount
...periencing chronic delays. Originally slated for start-up in 2014, the 1bn cfd project will now likely come online in 2017. It is a delay that gas hungry Egypt can ill afford, and the government’s eagerness for future supply provides a powerful rationale for not letting payments to BP slip further....
Volume: 56Issue: 45Published at Fri, 08 Nov 2013 -
Iran Targets Oman As Future Gas Export Hub
...gust). The two sides are hoping to sign the contract by the end of the Iranian year (ending March 2014). But before that can happen, Muscat and Tehran will have to navigate the often muddy waters of price negotiations – something which has historically proved to be much easier said than done. “We have no...
Volume: 56Issue: 45Published at Fri, 08 Nov 2013 -
Jordan LNG, Storage Plans
...JORDAN Jordan LNG, Storage Plans Thirteen companies and consortia have been prequalified by Jordan’s Ministry of Energy and Mineral Resources to build a strategic products reserves terminal to the east of ‘Amman during 2014-15. The terminal will store 250,000-300,000 tons of...
Volume: 56Issue: 45Published at Fri, 08 Nov 2013 -
Iraq-’Aqaba Crude Export Pipeline Advances
...inching an agreement with ‘Amman on transit fees. The award for the Haditha-’Aqaba portion of the pipeline on a Build-Own-Operate-Transfer (BOOT) basis is expected by the end of 2014. A source familiar with the project says that Iraq’s State Company for Oil Projects (SCOP) has issued a letter to the qu...
Volume: 56Issue: 45Published at Fri, 08 Nov 2013